This multifamily property presents a strong opportunity for investors looking to renovate, build equity, and generate long-term cash flow. The property will require a full renovation, including mechanicals, interiors, and exterior work. Once completed, the property has the potential to generate approximately $2,800-$3,200+ in monthly rental income based on market rents, putting it near or above the 1% rule. This makes it a strong candidate for a BRRRR strategy-renovate, rent, refinance, and hold-while building equity and creating potential cash flow.
Listed By
Agency Name: The Danberry Co
Agency Phone: 419-531-4431
Shown By
Agent Name: Rick McMaken
Agent Phone: Cell: (937) 405-7417
Agency Title: Key Realty
Estimated Payment
$ 147.13 per month $139.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $7.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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327 River Place | MLS# 10010306
This multi-family property located at 327 River Place, Toledo, OH 43611 is currently listed for sale with an asking price of $25,000. River Place is located within the Toledo school district. Search Toledo real estate on www.showingmorehomes.com today.